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BUSINESS AGENDA

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    Friday A.M. Report

    By Minneapolis/St. Paul Business Journal | Published Fri, Mar 12 2010 9:27 am

    Deluxe CEO Schram makes $2.12M in 2009: Deluxe Corp. cut a slightly-smaller paycheck for CEO Lee Schram in 2009. Schram received $2.12 million in total compensation last year, down 18 percent from $2.60 million in 2008. His salary increased $5,000, to $785,000 in 2009. Read full story

    Winmark CEO’s pay up 11 percent in 2009: John Morgan, chairman and CEO of franchise retailer Winmark Corp.,  voluntarily reduced his salary during a five-month period in 2009, but his total compensation still increased about 11 percent last year, to $409,244, up from $368,961 in 2008. Read full story

    Best Buy, Opus founders launch real estate fund: Richard Schulze, founder and chairman of Best Buy Co. Inc., has launched a real estate investment partnership with Gerald Rauenhorst, founder and former CEO of Opus Corp. Read full story

    VA hospital gets $14M stimulus boost: General contractor Division21 Inc. saw the Great Recession halve its revenue and staff in 2008 as its commercial-construction work dried up. That’s when the firm’s CEO, Steve Banks, realized his business had an advantage from an unlikely place: the fact that Banks has a physical disability from serving in the U.S. Army in Europe in the 1960s. Read full story

    AM Business Report | Fri, Mar 12 2010 9:27 am | Comment

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    Business Agenda reports on what's going on at businesses in Minnesota. Business Agenda provides brief, quick-reading items about important companies in Minnesota and the people who work at those firms. Business Agenda features new items every day Monday through Friday. 

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